Boeing and Tata Advanced Systems Limited (TASL) signed a framework agreement to collaborate in aerospace and defense manufacturing, thus giving boost to 'Make in India' campaign launched by Prime Minister Narendra Modi.
Sukaran Singh, managing director and chief executive officer of TASL, and Shelley Lavender, president of Boeing Military Aircraft, signed the agreement. TASL already has a contract to manufacture aerostructures for Boeing's CH-47 Chinook and AH-6i helicopters.
The collaboration, which is in line with the BJP government's 'Make in India' campaign, will not only work in the domestic market but will also be for international markets.
Lavender said "This agreement with TASL is significant because it demonstrates Boeing?s commitment to expanding its aerospace manufacturing footprint in India."
The central government is about to clear a contract worth over USD 2.5 billion for 15 Chinook heavy-lift choppers and 22 Apache attack helicopters.
Chairman of TASL, S Ramadorai, said this gives them an opportunity to explore the huge potential in India for aerospace manufacturing and make the investments required to grow the industry.